Funding

The cost of different courses will vary between programmes and locations so it’s important to factor this in when deciding where and how you want to qualify. There are various bursaries, grants and loans available so you should also spend some time looking into these.

Bursaries

Non-repayable bursaries are available on some PGCE, School Direct and SCITT training programmes - depending on the subject you want to teach and your degree class. More information on these can be found here at www.getintoteaching.education.gov.uk/bursaries-and-funding

Tuition Fee Loans

Home and EU students on both full and part-time courses may be eligible for tuition fee loans. Full-time students can borrow up to £9,000. Those studying part time can borrow up to £9,000 split equally over the two years. These are not repaid until you are earning over £21,000 per annum.

Home students can also apply for a maintenance loan which is repayable once you are earning £21,000 per year. If you’re living away from home, the maximum loan is £8,200 for the academic year 2016/17, or £10,702 if you’re studying in London.

Scholarships

Scholarships are available for those training to teach chemistry, physics, maths, or computing and are aimed at graduates who have achieved a 2:1 or first class degree.

If you are awarded a scholarship, you will no longer be eligible for a bursary. More information can be found on the following websites:

The Institute of Physics: www.iop.org/education/teach/itts/page_52632.html
The Royal Society of Chemistry: www.rsc.org/awards-funding/funding/teacher-training-scholarships
The Institute of Mathematics & its Applications: www.ima.org.uk/careers/teacher_scholarships.cfm.html
The Chartered Institute for IT: www.academy.bcs.org/scholarships

Disabled Students’ Allowance

This is paid as an additional grant to any other finance you may be entitled to and is non-repayable. It is assessed according to your individual needs rather than household income and is available in amounts up to £10,362 per year.

International Students

Bank loans are a common source of funding. Students can apply for a professional career development loan and receive between £300 and £10,000 for tuition and maintenance. To apply you must have been living in the UK for three years prior to the start of your teaching course, and plan to work in the UK or EU after completing the course.

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Guide to Teaching: Funding